INNOVATE Stock (NYSE:VATE)


RevenueOwnershipFinancialsChartTranscripts

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$5.86

52W Range

$3.25 - $13.79

50D Avg

$8.83

200D Avg

$6.35

Market Cap

$78.37M

Avg Vol (3M)

$649.24K

Beta

2.25

Div Yield

-

VATE Company Profile


INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. It provides industrial construction, structural steel, and facility maintenance services for use in commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants. The company also fabricates trusses and girders; and fabricates and erects water pipe, water storage tanks, tunnel liners, pressure vessels, strainers, filters, separators, and other customized products. In addition, it offers integrated solutions for digital engineering, modeling and detailing, construction, heavy equipment installation, and facility services; and steel and rebar detailing, and BIM modeling and management services, as well as equipment used in the oil, gas, petrochemical, and pipeline industries. Further, the company develops products for early osteoarthritis of the knee, and aesthetic and medical technologies for the skin. Additionally, it operates over-the-air broadcasting stations and Azteca America, a Spanish-language broadcast network. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. The company was incorporated in 1994 and is headquartered in New York, New York.

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Industry

Engineering & Construction

Sector

Industrials

Exchange

NYSE

ADR

-

Country

US

Employees

3,135

IPO Date

Jul 13, 2009

Website

VATE Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 24Dec 23Dec 22
Life Sciences Segment$9.80M--
Spectrum Segment$25.70M$22.50M$38.70M
Infrastructure Segment$1.07B$1.40B$1.59B
Life Sciences Segment (Pansend)-$3.30M$4.30M

Fiscal year ends in Dec 24 | Currency in USD

VATE Financial Summary


Dec 24Dec 23Dec 22
Revenue$1.11B$1.42B$1.64B
Operating Income$-9.00M$29.20M$13.40M
Net Income$-35.80M$-37.60M$-40.80M
EBITDA$-99.00M$69.80M$53.10M
Basic EPS-$-4.78$-5.26
Diluted EPS-$-4.78$-5.26

Fiscal year ends in Dec 24 | Currency in USD

Latest Earnings Call Transcripts


Q4 24Mar 31, 25 | 4:30 PM
Q3 24Nov 06, 24 | 4:30 PM
Q2 24Aug 07, 24 | 4:30 PM

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